Bad Credit History Secured Loan

Compare Secured Loans with a Bad Credit History

Loans - Home Owner
ProviderLoan AmountCredit HistoryRates FromTerm 
£10,000 to £250,000Good Credit Only4.45%3 to 25 YearsGet Quotes >
  • Interest Rates from 4.45%
  • Market leading homeowner loan deal
  • Homeowners only
  • Must be aged 18

Representative example: Assumed borrowing of £18,000 over 120 months, with a fixed borrowing rate of 6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71. Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee (£1,530); Lender fee (£495). This would result in an overall cost of 9.1% APRC.

£20,000 to £100,000All Credit Histories Considered4.45%

APR

3 to 30 YearsGet Quotes >

Representative Example: 9.10% APRC

Representative example: Assumed borrowing of £18,000 over 120 months, with a fixed borrowing rate of 6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71. Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee (£1,530); Lender fee (£495).

£20,000 to £100,000All Credit Histories Considered5.10%

APR

3 to 25 YearsGet Quotes >

Representative Example: 9.10% APRC

Representative example: Assumed borrowing of £18,000 over 120 months, with a fixed borrowing rate of 6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71. Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee (£1,530); Lender fee (£495).

£20,000 to £100,000Fair Credit6.74%3 to 30 YearsGet Quotes >
  • Repayment term up to 30 years
  • Borrow up to £100,000
  • Homeowners Only
  • Loan will be secured on your home

Representative example: Assumed borrowing of £18,000 over 120 months, with a fixed borrowing rate of 6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71. Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee (£1,530); Lender fee (£495). This would result in an overall cost of 9.1% APRC.

£10,000 to £50,000All Credit Histories Considered9.0%

APR

5 to 25 YearsGet Quotes >

Representative Example: 9.10% APRC

Representative example: Assumed borrowing of £18,000 over 120 months, with a fixed borrowing rate of 6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71. Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee (£1,530); Lender fee (£495).

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Bad Credit History Secured Loans

Even if you have a bad credit history, secured loan deals can be obtained. Although a loan cannot sort out all your financial problems, it could help you consolidate debts rather than simply juggling them or burying your head in the sand. Other advantages of obtaining a bad credit history secured loan can include:

  • Improved credit status if loan payments are maintained
  • Longer repayment schedules and lower rates than unsecured loans
  • Just one monthly payment

Although many companies now offer bad credit history secured loans, rates are often higher for those who have had CCJs, mortgage arrears and defaulted payments. Therefore, comparing quotes is the only way to ensure you will find the best deal to suit your circumstances. Rather than simply settling for the first secured loan you are offered, see a selection of bad credit history secured loans above.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.